Question

19.

Susannah purchased ski equipment for $978 using a six-month deferred payment plan. The interest rate after the introductory period is 21.45%. A down payment of $150 is required as well as a minimum monthly payment of $75. What is the balance at the beginning of the seventh month if only the minimum payment is made during the introductory period? (2 points)


$470.87


$487.69


$845.87


$920.87

Answer 1

b

Explanation:

because there is a multiple of the 123 odre